Debts and Liabilities. As permitted pursuant to Government Code Section 6508.1, no debt, liability, or obligation of the Authority shall constitute a debt, liability, or obligation of any Member and each Member’s obligation hereunder is expressly limited only to the appropriation and contribution of such funds as may be levied pursuant to this Agreement or as the Member may agree.
Debts and Liabilities. The SBWMA’s debts, liabilities, and obligations shall not be debts, liabilities, or obligations of any of the Members, and each Member’s obligation hereunder is expressly limited only to the appropriation and contribution of such funds as may be levied pursuant to this Agreement or as the Members hereto may agree.
Debts and Liabilities. The following is a listing of ALL the debts and liabilities that we presently owe (both individually and as a couple) and who we agree shall be responsible for the payment of each debt: Payment for Payment to (Creditor) Balance Due Paid by Petitioner/ Joint Petitioner A Paid by Respondent/ Joint Petitioner B Shared Equally Mortgage/Rent $ Mortgage/Rent $ Car 1 $ Car 2 $ Car 3 $ Loans-Student $ Loans-Personal $ Loans-Other $ Credit Card 1 $ Credit Card 2 $ Credit Card 3 $ Credit Card 4 $ Other $ Other $ Other $ If more space is necessary, attach additional sheets. In F, for each debt owed individually and jointly, write the name, current balance, and check who will be responsible for payment. NOTE: Any and all debts disclosed on the parties’ Financial Disclosure Statements that are still unpaid should be included here and divided between the parties. Any new debts incurred should also be listed and divided. See attached The parties agree and understand: • Each party assigned a debt shall be fully responsible for that obligation and shall not make any demands upon the other party concerning that debt. • Any debt not listed shall be the responsibility of the party who incurred the debt. • Creditors are NOT bound by this agreement and both parties remain liable to creditors for all marital debts. • Any party who suffers a loss because of a failure of the other party to pay an assigned debt may enforce that obligation by a motion or an order to show cause for contempt of court.
Debts and Liabilities. The Accounts fully disclose and provide adequately for all bad and doubtful debts, all liabilities (actual, contingent or otherwise) and all financial commitments existing at the Last Accounting Date.
Debts and Liabilities. The debts, liabilities and obligations of ECCTA shall not be the debts, liabilities or obligations of any City or the County.
Debts and Liabilities. Except as otherwise provided by Section 6.05(c), no debt, liability or obligation of the MCSTOPPP project shall constitute a debt, liability or obligation of any Member Agency, and each Member Agency’s obligation hereunder is expressly limited only to the appropriation and contribution of such funds as may be levied hereunder for services among the Member Agencies, or on a fee-for- service basis, or as the parties hereto may otherwise agree.
Debts and Liabilities. The debts, liabilities, and obligations of the Service Authority shall not be the debts, liabilities, and obligations of any member jurisdictions.
Debts and Liabilities. The Continuing Partners shall pay and discharge all debts and liabilities of the Partnership arising after the Outgoing Date excluding any debt or liability in respect of any claim arising out of any wrongful act or omission of the Partners or any of them to the extent that such claim is attributable to any wrongful act or omission while the Outgoing Partner was a Partner and is not covered by insurance. The exclusion in the previous sentence shall not apply to the extent to which a reserve for such a claim has been included in the Accounts at or prior to the Outgoing Date. Such debt or liability shall be divided between the Continuing Partners and the Outgoing Partner (where relevant) in accordance with their respective shares of the profits at the time the debt or liability was incurred. The Continuing Partners shall keep the Outgoing Partner and his estate and effects indemnified against all such debts and liabilities (save for those excluded as aforesaid) and all actions proceedings costs claims and demands in respect thereof.
Debts and Liabilities. At Closing, Purchaser or AI shall assume all indebtedness related to the Real Estate Transactions contemplated by the Parties. At the close of such Real Estate Transactions, the Parties thereto shall then transfer such real property involved to Purchaser or AI.
Debts and Liabilities. All debts and liabilities incurred by Party A as of the Base Point; provided, however, that the following debts and liabilities as of the Base Point (or, for matters for which a certain point of time is separately specified, such point of time) are excluded:
